Brothers, this is Charlie Munger's investment motto and his life wisdom summarized. As the saying goes, 'There is a destined person for Buddha crossing.' Knowledge is presented here, and learning or not learning is one's own creation. It is useless to say too much. I will excerpt it for you to take for yourself. 1: Whenever something is destroying your life, that thing is yourself. The idea of always feeling like a victim is the most powerful weapon to weaken oneself. 2: If you can stay calm, when everyone around you becomes crazy, you will find that time is your friend: 3: Knowing what you don't know is more important than being smart. 4: A person who cannot learn from others' experiences is destined to stumble for a lifetime. 5: Talking more about your failures and less boasting about your successes is good for you. 6: Everyone has this subconscious bias: giving advice to others is thought to be for their own benefit, but in reality, it is based on their own interests. 7: The first rule of fishing is to fish where there are fish, and the second rule of fishing is to remember the first rule. 8: Don't spend time feeling the betrayal of human nature, but spend time adjusting and adapting, from a victim to a survivor. 9: Remember, reputation and integrity are your most important assets, and you may lose them overnight. 10: Jealousy, resentment, and self pity are the graves of thoughts. Self pity can easily evolve into delusions, and delusions are a mental black hole. 11: Stay away from those who can confidently answer questions they don't understand. 12: Parents setting a good example for their children is better than anything else. Preaching is useless, it's still impossible to listen. 13: If you always tell people the reason when telling them things, they will be able to understand what you are saying more deeply, attach more importance to what you are saying, and be more inclined to listen to what you are saying. Even if they don't understand the reasons you give, they will still be more inclined to listen to you. 14: Since I was young, I have had this attitude: if the teacher doesn't teach well, it's okay, I'll learn by myself. 15: Don't have unrealistic fantasies, people who live well know how to lower their expectations. To achieve success in life, one only needs to do two things; One is not to do foolish things, and the other is to live long. 17. Some people naturally make wise judgments, while others' lives are just repeated mistakes over and over again. 18: If you have no principles in small things, then you cannot stick to principles in big things either. 19: Never wrestling with a pig, because if you do, both of you will get dirty, but the pig will enjoy it. 20: Face your big problem directly, don't hide it. 21: You must live up to your ambition. The world is not yet crazy enough to reward a large group of unworthy people. 22: If you want to persuade others, you should appeal to interests rather than reason. 23: Change is always happening, if you don't embrace the changes of progress, you will wait for the changes of regression. Once you enter the vicious circle of debt, it will be difficult for you to get out. Never owe money to your credit card. You cannot make progress while paying 18% interest. 25: There are three ways to go bankrupt: alcohol, women, and leverage. 26: How can I find an excellent spouse? The best way is to make oneself worthy of her, because excellent spouses are not fools. 27: There is no easy secret to obtaining money. Be a city politician, wake up early every day, persist in learning every day, and pursue the concept of delayed gratification throughout your life. In the end, you will definitely be a winner in life. 28: Human society can only develop after inventing methods. Similarly, you can only make progress after learning the methods of learning. 29: One should stand on the shoulders of giants as much as possible, rather than imagining things out of thin air. 30: Among all the intellectuals I have known in my life, there is no one who doesn't love reading. Buffett and I have read so many books that we can scare you. My child teased me, saying that I am just a book with two legs stretched out. 31: If you see this world clearly, you will surely become humorous because of its absurdity. 32: Greedy reading, lifelong learning, maintain curiosity, and increase wisdom every day. 33: Ability will take you to the peak, but only character can keep you there. What is the secret to longevity and happiness? Don't be jealous, don't complain, don't overspend, and maintain an optimistic attitude in the face of any difficulties. Call reliable friends and do your duty. They are all simple truths, as well as some outdated ones. Achieved it, benefiting for a lifetime. 35: The best weapon for retirement is to live a fulfilling life before aging. 36: You must find out where your talents lie, and I can almost guarantee that if you have to take chances outside of your abilities, your career will become very bad. 37: Many people spin like a spinning top all day long, so busy that they don't have time to love you and think. This way, people will have to pay a huge price sooner or later. You must make time to think. 38: The most reliable way to get something is to make yourself worthy of it. 39: Smart people love to read a lot, but that's not enough. You should also have a critical and accepting attitude. Most people fail to grasp the correct key points when reading, and after reading, they may not be able to apply what they have learned. 40: People who are eager for great achievements are always prone to falling into crooked paths when they encounter some adversity. 41: Do not make any decisions under pressure. 42: The iron law of nature is that you reap what you sow. If you want ants to come, you have to put sugar on the floor. 42: When we say that someone has common sense, we are actually saying that they have common sense that ordinary people do not have. People think it's easy to have common sense, but it's actually very difficult. So common sense is common sense that ordinary people do not have. 43: I have lived such a long life and am doing well. Here's a secret, I'll tell you, don't overthink human nature. 44: Three principles in the workplace: 1. Do not sell anything you cannot buy; Don't work for someone you don't admire; Work with like-minded people like you. 45: When thinking about a problem, one should consider both what those above me see and what those below me see. If you have a talent for delayed gratification and can cultivate this singing talent, you are already on the path to success and happiness. 47: Others spare no effort to promote and buy things, but I usually stay away from them. 48: What you need is not a lot of action, but a lot of patience. You must stick to your principles, and when the opportunity arises, you will try your best to seize them. History is the best teacher for the future. The answers in history books are worth millions of gold. 50: When I can't figure it out, I always think in reverse. 51: Even if you don't like reality, you should admit it. In fact, the less you like reality, the more you should admit it. 52: Imitating a bunch of people means approaching their average level. 53: People calculate too much and think too little. The simplest way to avoid trouble is to keep it simple. 55: The most important thing is not what card you touch, but whether you can play the card in your hand well. 56: You must comprehend all the important ideas of disciplines that are clearer than your own. Only by mastering those basic knowledge and principles can you explain problems clearly. And you must always acknowledge which discipline all your foundational knowledge comes from. 57: I always believe that things that cannot be changed should not be too complicated. Being full of grievances and complaining is a major taboo in life. 58: If you want to improve your cognitive ability, it is absolutely impossible to forget the mistakes you have made in the past. 59: For someone holding a hammer, the world is full of nails. 60: Having more money and fewer opportunities is always better than having less money and more opportunities. 61: If you want to become smart, keep asking why, why, why. 62: Good business is a moral business, and a business that relies on fraud to make money will inevitably be destroyed. 63: I would rather appear foolish than blindly follow like a herd of cattle. 64: A happy life is simple, and the primary principle is low expectations. This is something you can easily achieve, but if you have unrealistic expectations, you will suffer for the rest of your life. 65: After each day, strive to be smarter than when you wake up in the morning. 66: I have a viewpoint that others hold opposite views. Unless I can refute my own viewpoint more strongly than others, I have no say in this issue. Continuously practicing this way of thinking, you are always falsifying and questioning yourself, which can reduce your ignorance. 67: The best thing a person can do is to help another person know more. 68: If you haven't changed your focus on some significant ideas that matter to you within a year, that year has been in vain. 69: Life will encounter various terrifying, frightening, and unfair setbacks. It's okay, some people got up while others didn't. 70: By thoroughly understanding the problem, half of it is solved. 71: Most people are too restless and worried too much. Success requires a great deal of calm and patience, but when opportunities arise, one must also be able to step in. 72: You should be careful of overly strong ideological concepts. If you have only one thought in your mind, it is very dangerous. 73: The iron rule of life is that only 20% of people can achieve better results than the other 80%. 74: You don't have to be very outstanding, just stay a little smarter than others for a long, long time. 75: I think making a list is very useful when facing difficult problems. On the list, all questions are clear at a glance, allowing for more comprehensive consideration without any omissions. 76: If you want to play games that others play well but you know nothing about, then you are destined to fail completely. 77: Always think in simplicity and take things seriously. 78: Making big money is not about buying and selling, but about waiting. Encouragement together!!